Updates on Credit cards – New Assessment Guidelines

May 28th, 2019

Keystart have updated our Loan Assessment Tool (LAT) so that the assessment of credit/store cards/overdrafts will be based on the minimum monthly repayment required to repay the credit limit over a three year period. This means that when you input the credit limit into the Loan Assessment Tool (LAT) or Offline Assessment Tool, it will automatically calculate the required repayment based on our credit card assessment rate.

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